Martha Jefferson Hospital

Analysis

Martha Jefferson Hospital is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in March 1931, 95 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Martha Jefferson Hospital reported income of $406.6m and spending of $420.0m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $339.1m to $406.6m (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Martha Jefferson Hospital sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within VA. Charities of a similar size with the same main cause include Carson Tahoe Regional Healthcare ($404.5m), Henry Ford Wyandotte Hospital Corporation ($407.8m) and Mercy Hospital Rogers ($404.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $2.1m (0.5% of expenses). Other salaries and wages came to $141.3m. At year end it held assets of $257.1m against liabilities of $61.7m, net assets of $195.4m. It reported 1,605 employees.